Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?
This is your opportunity to ask questions. No question too simple or too silly.
Culture war topics are accepted, and proposals for a better intro post are appreciated.
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Notes -
Have you ever actually gone in, and lost the whole budget quickly? I can understand that the experience of winning might override the knowledge of -EV, but thats definitionally not something that can happen most of the time.
Im especially wondering about the olde times when there was no house and its all peer-to-peer betting, where presumably the others want to stop betting as you want to keep going.
I only did this once. Been trying not to tempt fate.
But I expect that going in and losing quickly would piss me off and make me want to plunk down more money to "win it back" so I don't have to accept the unpleasant sensation of admitting "defeat."
Since that is about how I felt when I took losses during my brief day-trading phase.
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